The Inventory Planning organization is responsible for the strategic planning of inventory positions to drive sales, manage inventory turn and meet or exceed financial targets for your area of responsibility. Inventory associates are innovators, optimizers and problem solvers who are constantly seeking opportunities to move the business forward. You will collaborate with other business functions to support a product strategy intended to meet our customer's needs.
You are responsible for delivering a best-in-class customer experience through the strategic management of inventory for a specific product category. You will partner with the Merchandising, Sourcing, E-commerce teams and counterparts in Retail Inventory and Distribution to maximize sales and in-stocks, optimize inventory turn, and drive profitable growth.
Partner with Merchants to create pre-season, item-level sales plans that align with product rankings, merchandising strategies and tops-down financial goals.
Design inventory strategies that balance the composition of new and core, carry-over merchandise, support in-stock and turn objectives, and fit within the bounds of departmental receipt budget.
Determine item level order quantities and flow strategies and partner with Supply Chain Coordinator/Assistant Planner to ensure timely and accurate execution of purchase orders.
Review catalog proofs to ensure accuracy of SKU information and appropriate representation of key-items. Recommend actions for items on or at risk of backorder.
Own monthly forecasting of department level open-to-buy and recommend near term actions to achieve sales goals and budgeted inventory EOMs.
Determine markdown and end-of-life disposition strategies for non-go forward products.
Operate a computer and communicate via telephone
Transport materials and equipment and lift, move, and carry objects up to 50 pounds on a limited basis
Previous experience in retail merchandising or degree in merchandising preferred
Minimum two years of experience in Inventory Management, preferably in e-commerce
Proven ability to objectively interpret data and extract actionable insights that drive the business
Proficiency in retail math and experience managing a traditional open-to-buy
Excellent collaboration and communication skills; comfortable addressing all levels within an organization
Strong organizational skills and ability to prioritize workload to meet deadlines
Proficiency in MS Excel
Ability to work onsite in the San Francisco office Monday - Thursday and work remotely on Fridays.
We believe that taking care of our people is vital to our success and we strive to offer equitable and transparent practices for all. We prioritize connection, growth, and wellbeing.
Putting People First means investing in overall well-being and opportunities to grow and advance within the organization. Depending on the position and location, here are a few highlights of what benefits may be available:
Benefits
A generous discount on all WSI brands
A 401(k) plan and other investment opportunities
Paid vacations, holidays, and time off to volunteer
Health benefits, dental and vision insurance, including same-sex domestic partner benefits
Tax-free commuter benefits
A wellness program that supports your physical, financial and emotional health
Continued Learning
In-person and online learning opportunities through WSI University
Cross-brand and cross-function career opportunities
Resources for self-development
Advisor (Mentor) program
Career development workshops, learning programs, and speaker series
Inventory Planner • San Francisco, CA, US
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